The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.
<h3>What would cause GDP growth to slow?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.
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Answer:
C
Explanation:
Diversity in the workplace is about bringing together people of different background , physical appearance ,religion , education , age etc.
Even though of of the answer options narrowly talk about gender diversity , the employment policy of US in having over 50% of foreign born workers in the economy is wider as this would have covered citizens of different country with various cultures and tribes , different genders , color , religion and appearance and a whole lot more.
Answer:
GDP reduces.
Explanation:
Gross Domestic Product includes four components:
= Consumption spending + investment spending + Government spending + Net exports
It was given that business experiencing a rise in its inventory (0.1 percent) and reduction in the total sales (0.6 percent).
We know that net exports are added to the nation's GDP, so any change in the net exports will also affect the GDP. Therefore, if there is a fall in the net exports then as a result there is a reduction in the GDP.
Answer:
rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs. Deciding by thinking at the margin is just like making any other decision. A rational decision occurs when the marginal benefits of an action equal or exceed the marginal cost.
Explanation:
Answer:
Explanation:
The journal entries are shown below;
Bad debt expense A/c Dr $2,421
To Allowance for doubtful debts A/c $2,421
(Being bad debt expense is recorded)
The computation of the bad debt expense is given below
= Net sales × estimated percentage given
= $807,000 × 0.3%
= $2,421
To determine the estimated bad debt expenses we debited the bad debt expense account and credited the allowance for doubtful debts